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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject4/29/2001 7:39:28 PM
From: Michail Shadkin  Read Replies (2) of 6873
 
My positions heading into Monday
RCOM long 1 3/4 position (full position from 6 3/8, 3/4 trading position from 5.5) - target 9

GNLB long double position average cost 2.50 - target 3.50-4

INRS short 3/4 position from 30 - target 26-27

SPWX short 3/4 position from 11.82 - target 10-10.50

FCEL short 1/2 position from 60.75 - target 53-55

NVDM short 1/2 position from 9.24 - target 8-8.50

PHM short 3/4 position at 49.70 - target 45-46


At the moment I am about 30% invested and have been sitting on a ton of cash the last 3 weeks, waiting for the current rally to subside or show a clear indication we have made a bottom.

Word of caution:
My targets are reviewed every day and may change significantly based on the company and market conditions.
I will post updates daily.

I try to limit my loses to 8-10% maximum and most of the time much smaller.

Many Happy Returns
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